: :inin Kyiv (EET)

Russian economic winds blow cold in Chinese border town


Heihe (China) (AFP) – The warmth of the friendship between Chinese President Xi Jinping and Russia’s Vladimir Putin — who meet Wednesday for the eighth time in two years — does little to counter the bitter economic winds blowing through their shared border.In the Chinese city of Heihe, neon-lit high-rises line the banks of the Amur river facing Siberia’s Blagoveshchensk powered by electricity from hydroelectric plants over the border.Cyrillic signs greet shoppers from the north, but traders say recession in Russia is hitting business.China has emerged as Russia’s largest trading partner as Moscow turns east, seeking markets in Asia in …read more

Source: Business Insider

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